DariusFxTrading

USDCAD long - Supply Demand, Wyckoff

Long
OANDA:USDCAD   U.S. Dollar / Canadian Dollar
Welcome to a new Update

Monthly:
Price is at Demand Level. Overall bearish momentum but it has completed an Impulse. Which means we can expect a correction to the upside

Weekly:
Is currently moving to the upside from the weekly Demand. Also the move to the downside was a Spring and the weekly Candle closed back in the Support Level.

Daily:
Has started a nice Impulse to the upside. Currently the price is in a correction preparing for the big up move.

Lower Timeframes:
Here is important to look for a nice entry

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